Aramco Slips as Luberef Drops Nearly 10% on Tadawul

Shares of Saudi Aramco slipped during the trading session on 13 September 2026, falling around 1.6%, while its listed base oil subsidiary, Saudi Aramco Base Oil Company (Luberef, ticker 2223), dropped close to 10% to become one of the worst performers of the session on the Saudi Exchange (Tadawul).

Luberef declined 9.97%, losing 14.10 SAR to close at 127.30 SAR. The broader move came amid a decline across Saudi shares following drone attacks on a key oil pipeline. By 14 September 2026, Luberef had partially recovered, trading at 129.60 SAR compared with its previous close of 127.30 SAR.

For context, Saudi Aramco shares had closed at 25.96 SAR on 7 September 2026, down just 0.04 SAR (‑0.15%) in that earlier session, underscoring how modest the parent company's later move was relative to the sharper drop in its subsidiary.

What it means for investors

Individual investors buy and sell Saudi Aramco and Luberef shares through licensed Saudi brokerage firms via their trading platforms linked to Tadawul. Standard share trading does not involve Absher, Muqeem, Qiwa, Najiz, Nafath, or Tawakkalna.

Equity trades on Tadawul generally settle on a T+2 basis (trade date plus two business days). Trading costs typically include a brokerage commission, commonly up to about 0.15% alongside small exchange and regulatory fees, with totals for many retail transactions capped in the range of roughly 0.15%–0.2%. Exact fee schedules are set by each broker and by the Saudi Exchange and Capital Market Authority and are applied automatically in the platform.

Corporate actions and disclosures for both companies — including financial results, dividends, and announcements affecting operations — are published through the Saudi Exchange official disclosure system and the companies' investor relations channels.

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